i-80 Gold (TSE:IAU) Given New C$3.90 Price Target at Stifel Nicolaus

i-80 Gold (TSE:IAU) had its target price decreased by analysts at Stifel Nicolaus from C$4.10 to C$3.90 in a research report issued on Wednesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 170.83% from the company’s previous close.

i-80 Gold Price Performance

Shares of IAU traded up C$0.05 on Wednesday, hitting C$1.44. The company’s stock had a trading volume of 309,811 shares, compared to its average volume of 970,772. The company has a market capitalization of C$554.26 million, a PE ratio of -4.36 and a beta of 1.89. The company has a debt-to-equity ratio of 43.59, a current ratio of 0.30 and a quick ratio of 1.57. i-80 Gold has a fifty-two week low of C$1.32 and a fifty-two week high of C$3.07. The company has a 50 day moving average price of C$1.55 and a 200 day moving average price of C$1.81.

i-80 Gold (TSE:IAU) last issued its earnings results on Monday, May 13th. The company reported C($0.09) EPS for the quarter, missing the consensus estimate of C($0.05) by C($0.04). i-80 Gold had a negative net margin of 115.35% and a negative return on equity of 17.16%. The business had revenue of C$11.34 million for the quarter. On average, research analysts anticipate that i-80 Gold will post 0.0264607 earnings per share for the current fiscal year.

i-80 Gold Company Profile

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.